Yes Bank Mumbai

About Yes Bank

Many of you will surely agree on the fact that there are very few lenders in India, which are best known for their quality services and innovative products, and Yes Bank is one such reliable name that comes with a trust. Yes, this full-service commercial bank, being founded in the year 2004 is reaching new heights of success each day. That’s why this lender has created its own position in the industry and has become the most preferred choice of many. Moreover, with its long list of unique and well-crafted products such as Corporate, Retail, SME Banking Franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business & Transaction Banking and Wealth Management Business, this lender is offering nothing but an unforgettable banking experience to one and all.

Known for following the footprints of Mr. Rana Kapoor and Late Ashok Kapur, this leading bank is no doubt considered as best in the industry, known for serving the diverse needs of one and all. With its innovative approach, creative vision, technological advancements and strong brand ethos, this private sector bank is ruling the roost. If you are someone who wants to know more about Yes Bank and its products, go to the page below to get all the updates.

Products Offered by Yes Bank in Mumbai

Yes Bank has a variety of products to meet your financial needs such as car loan, loan against property, personal loan, home loan and gold loan to choose from. However, the best thing about these products is the fact that each product is unique, and can be availed to cater diverse needs. But, when it comes to availing the same, you can avail them easily after knowing the eligibility of the same. To know more about the same, read the page below.

Basic Details of Yes Bank Loans

Product

Eligibility

Interest Rate (in p.a.)

Loan Amount

Tenure

Processing Fee

Home Loan

The applicant must be atleast 23 years of age at the time of availing the loan.

The maximum age of the applicant should be 60 years at the time of loan maturity.

If you a salaried or self-employed individual with regular source of income, you can apply for the same.

9.35% - 13.50%

₹ 5L-500L

Upto 25 years

1% of the loan amount

Personal Loan

The minimum age of the applicant should be 22 years at the time of taking the loan. The maximum age of the applicant should be 58 years at the time of loan maturity.Net monthly income of the applicant should be ₹25,000. He/she should have minimum 6 months salary account with Yes Bank.The applicant should have 2 years of total work experience.Minimum 6 months experience with current employer is required.

Starting at 10.75%

₹ 200,000- 20 Lakh

Upto 5 years

Upto 2 % of the loan amount

Car Loan

The minimum age of the applicant should be 21 years at the time of taking the loan. The maximum age of the applicant should be 65 years at the time of loan maturity. The annual income of salaried individuals should be ₹3,00,000 or above.

The annual income of self-employed should be ₹2,00,000 or above.

The applicant should have 2 years of total work experience.

Minimum 6 months experience with current employer is required.

10.25% - 12.25%

₹ 1Lakh-500 Lakh

1-7 years

₹ 5,000-10,000

Gold Loan

An individual must be an Indian resident. The minimum age of the applicant should be 18 years at the time of taking the loan. The maximum age of the applicant should be 65 years at the time of loan maturity.

The purity of the gold against, which loan is available should be 18-24 karat.

12.00% – 14.50%

₹25,000-50 Lakh

0.005

Loan Against Property

The minimum age of the applicant should be 23 years at the time of taking the loan. The maximum age of the applicant should be 60-65 years at the time of loan maturity. Minimum annual income of an applicant should be ₹3-4 Lakh per annum

Salaried: The experience of 6 months in current employment, 3 years in total employment.

Self-employed:

Minimum 3 years of experience in bussiness/profession.

As per bank's guidelines

Upto ₹ 5 crore

Upto 2 % of the loan amount

Documents Required

Product

Documents

Home Loan

Proof of Identity and SignatureProof of Address (Office and Residence)Income Documents: Salaried : 2 Latest salary slips and IT Returns / Form 16 for last 2 years- Self Employed Professionals : Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns

Proof of Identity and SignatureProof of Address (Office and Residence)Income Documents: - Salaried : 2 Latest salary slips and IT Returns / Form 16 for last 2 years- Self Employed Professionals : Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns- Self Employed Businessmen / Retail SME Enterprises : Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss Last 6 months bank statement of salary / main operating bank accountDetails of all existing loans Additional Documents in case of Partnership Firms : Partnership Deed Additional Documents in case of Private / Public Limited Company: Memorandum & Article of Association and List of Directors & Shareholders Copies of all property documents*The check list is only indicative and not exhaustive. Depending upon the local requirements at different places addition could be made as per necessity

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